™Your Policy Risk Impact Agent
70 chapters · 983 sections in this title.
O.C.G.A. § 36-85-1 Definitions
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As used in this chapter, the term: (1) ‘‘Administrator’’ means any person who administers a group self-insurance fund other than the interlocal risk management agency. (2) ‘‘Commissioner’’ means the Commissioner of Insurance. (3) ‘‘County’’ means any county of the State of Georgi…
O.C.G.A. § 36-85-10 Contracts between agency and administrator
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(a) If an agency contracts with an administrator, the agency and the administrator must enter into a written agreement which shall be subject to review and approval by the Commissioner in accordance with this Code section and which shall contain at least the following: (1) A cont…
O.C.G.A. § 36-85-11 Fidelity bond and errors and omissions insurance; administrators to maintain office in state
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(a) The Commissioner shall require each administrator to have and maintain a fidelity bond in an amount which the Commissioner deems appropriate but which is not less than $100,000.00. (b) Errors and omissions coverage or other appropriate liability insurance in an amount which i…
O.C.G.A. § 36-85-12 Revocation, suspension, or refusal to renew certificate of authority; hearing; voluntary dissolution of fund
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(a) The Commissioner may revoke, suspend, or refuse to issue or renew the certificate of authority of any agency when and if, after investigation, he finds that: (1) Any certificate of authority issued to the agency was obtained by fraud; (2) There was any material misrepresentat…